Ocala, FL - Raising Cane's

Description:

• Brand new 15-year lease with 5 (5-year) options to extend, demonstrating strong commitment to the site
• Lease is signed by the corporate entity, Raising Cane’s Restaurants, L.L.C.
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation
• Raising Cane’s is an established, nationally recognized brand with over 940 locations and one of the fastest growing chains in the U.S.
• Constructed in 2026, the asset features Raising Cane’s latest prototype

• Outparcel to Ocala West, a Hobby Lobby–anchored neighborhood center generating approximately 1.1 million annual visits
• The Hobby Lobby anchor alone generates over 599K annual visits, ranking as the #6 Hobby Lobby location in the state of Florida, per Placer.ai
• Located within a dense retail corridor alongside national brands including Target, ALDI, and Starbucks
• Additional retail destinations along the corridor include Gaitway Plaza (2.9M annual visits), Shady Oaks Shopping Center (1.8M annual visits), and Paddock Mall (3.3M annual visits)
• Strong retail presence drives consistent consumer traffic and promotes cross-shopping at the subject property

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Listing ID: a28TP000002NNpBYAW